Staking
The staking system is a crucial game mechanism where users can stake there tokens and earn APR in $RON rewards. The total reward pool is set as : 5000 $RON which will be gradually distributed over next 12 Months of Time period.
Important Info Regarding Staking -
Users can stake their tokens to earn APR in $RON. This is first of its kind of mechanism in the Ronin Ecosystem where team is giving $RON as a reward of staking tokens.
Users can Stake 24/7 with no max cap to staking. While unstaking process users needs to wait for 72 hrs. In order to claim the unstaked tokens.
Users can Claim the rewards any time they wanted 24/7 and in fractional units ! The Apr is real time updated based on the token prices and total amount staked by all users in the pool.
Bitminer Team have designed a Robust Staking smart contract in which we have future extension to add LP-Pools where users can stake LP tokens and earn boosted rewards and APR.
We also have plans to expand the token staking into various other ecosystem projects too ! where Other projects users can stake the respective game tokens and earn APR !! This will bring all the RONIN NETWORK gaming ecosystem together under one roof !
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